Israel Aerospace Industries (IAI) was selected by the Brazilian Air Force to execute a large-scale air refueling project for several Boeing 767-300 aircraft.

IAI's proposal was chosen over many international companies, the Brazilian Air Force reported on their Website over the weekend.

Joseph Weiss, president and CEO of IAI, said "we are very pleased to have won the bid to provide the Brazilian Air Force with Multi-Mission-Tanker & Transport aircraft capable of performing air-to-air refueling, strategic troop and cargo transport, and aeromedical evacuation. We see the Brazilian Air Force as a very important and strategic customer."

Mr. Weiss added "several Brazilian industries will also be involved in the program, as subcontractors to IAI."

In the coming weeks, IAI and the air force will finalize all the contractual details.

IAI will display its diverse capabilities in the field of air refueling in the upcoming LAAD exhibition to be held on April 09, 2013 in Rio de Janeiro, Brazil.

IAI has vast experience and knowledge in performing air refueling projects. Its former customers include the Israel Air Force and the Colombian Air Force.